Intel's next high-end desktop processor, the Core i7-3970X Extreme, arrives in Q4, 2012, according to a DonanimHaber report. The i7-3970X is expected to ship with clock speeds of 3.50 GHz, with maximum Turbo Boost frequency of 4.00 GHz. The six-core chip is based on the 32 nm "Sandy Bridge-E" silicon, and built in the LGA2011 package. Its feature-set is consistent with that of the Core i7-3960X, with 15 MB shared L3 cache, HyperThreading, and unlocked base-clock multiplier. In all likelihood, the i7-3970X could displace the i7-3960X from its price-point.

Another £1000 cripple edition. Man up already and give us 8 cores and 20MB of cache Intel. We know you'd have done it already if the 8150 wasn't such a joke. All you have to do is unlock the multiplier on a Xeon.

Well that is what happens when a company got a monopole for something.... they sit their asses flat, and charge gross amounts of money, for years old stuff

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If a company has a monopoly, they have to operate on a fine line. That line is where they make the most profit, but not too much profit that another company will try to join the market to get their slice of the profit pie. They wouldn't sell it at this price if no one bought it.

I agree this processor is overpriced and the 3930k is a much better bang for your buck.